Oracle Corporation (ORCL): Today's Featured Computer Software & Services Laggard

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Oracle Corporation ( ORCL) pushed the Computer Software & Services industry lower today making it today's featured Computer Software & Services laggard. The industry as a whole closed the day down 0.5%. By the end of trading, Oracle Corporation fell 38 cents (-1.2%) to $32 on average volume. Throughout the day, 30.5 million shares of Oracle Corporation exchanged hands as compared to its average daily volume of 22.9 million shares. The stock ranged in price between $31.31-$32.12 after having opened the day at $31.95 as compared to the previous trading day's close of $32.38. Other companies within the Computer Software & Services industry that declined today were: Bridgeline Digital ( BLIN), down 20%, TIBCO Software ( TIBX), down 19.1%, THQ ( THQI), down 10.1%, and Merge Healthcare ( MRGE), down 9.3%.
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Oracle Corporation develops, manufactures, markets, hosts, and supports database and middleware software, applications software, and hardware systems. Oracle Corporation has a market cap of $155.7 billion and is part of the technology sector. The company has a P/E ratio of 16.1, below the S&P 500 P/E ratio of 17.7. Shares are up 26% year to date as of the close of trading on Tuesday. Currently there are 20 analysts that rate Oracle Corporation a buy, no analysts rate it a sell, and 13 rate it a hold.

TheStreet Ratings rates Oracle Corporation as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, notable return on equity, reasonable valuation levels and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the positive front, Mitek Systems ( MITK), up 34.2%, icad ( ICAD), up 10.4%, SeaChange International ( SEAC), up 10.1%, and CounterPath Corporation ( CPAH), up 7.4%, were all gainers within the computer software & services industry with Automatic Data Processing ( ADP) being today's featured computer software & services industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the computer software & services industry could consider iShares S&P NA Tech Software Idx ( IGV) while those bearish on the computer software & services industry could consider ProShares Ultra Short Technology ( REW).

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